The Hess Group

What The Hess Group does

The Hess Group is a privately held financial services firm headquartered in Warren, United States, founded in 1929. The company specializes in three core service lines: financial planning, personal insurance, and commercial insurance solutions. These offerings place it in the independent insurance agency and wealth advisory segment, serving both individual consumers seeking personal insurance coverage and small businesses requiring commercial insurance products, alongside clients needing financial planning guidance.

The firm operates with a lean headcount of 1–10 employees, consistent with a small, locally focused agency model rather than a large brokerage or national advisory practice. Its business model would typically derive revenue from insurance carrier commissions on placed policies and fee-based income from financial planning services, though no pricing details, carrier partnerships, or revenue figures are publicly disclosed. The company has maintained a continuous operating history of nearly a century, suggesting an established client base and sustained carrier relationships within its market.

A significant data limitation applies to this analysis: the firm's website (hessgroup.net) returned only a loading/verification placeholder during data extraction, preventing access to detailed product information, team composition, technology stack, customer segments, partnerships, or strategic positioning. As a result, the depth of the firm's service offering, its current scale, and any forward-looking strategic intent cannot be fully characterized from the available evidence.

Name

The Hess Group

Website

https://hessgroup.net

Company type

Private

Founded year

1929

Headcount range

1–10 employees

Short description

The Hess Group is a small, privately held financial services firm based in Warren, United States, founded in 1929, specializing in financial planning, personal insurance, and commercial insurance solutions for individual and small-business clients.

Ownership category

akta.pro rank

Product category

Insurance and Financial Planning Services

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321)

akta.pro primary industry

Affinity, Membership & Association Referral Programs (FSAEAMAL)

Keywords

• Financial planning services
• Personal insurance solutions
• Commercial insurance brokerage
• Independent insurance agency
• Wealth advisory services

Headquarters

HQ city

Warren

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Core offering

The Hess Group is a financial services and insurance agency that provides three core lines of business: financial planning services, personal insurance products, and commercial insurance solutions. The firm serves individual clients seeking personal insurance and financial planning as well as business clients needing commercial insurance coverage, operating from Warren, United States.

Product overview

No product information available. The website (http://hessgroup.net/) displayed a verification/loading page ("One moment, please...") during content extraction, preventing access to any product details, services, or portfolio information.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Planning Services
• Personal Insurance Solutions
• Commercial Insurance Solutions

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Direct peers

• AssuredPartners: National insurance brokerage built primarily through acquisitions of regional independent agencies — directly comparable operating model (multi-line personal/commercial insurance intermediary) to The Hess Group, just at greater scale.
• Acclaim Agency: Independent insurance agency offering personal and commercial lines through multiple carriers. Closely matches The Hess Group's small-agency, multi-line brokerage model in the U.S. Midwest / Ohio region.
• Haas & Wilkerson Insurance: Independent insurance brokerage based in the Midwest offering personal and commercial coverage plus financial services — a closely comparable small/mid-size independent agency model.

Broad incumbents

• HUB International: Large North American insurance brokerage formed largely by acquiring regional independents. Comparable as a multi-line insurance intermediary serving commercial and personal clients.
• Arthur J. Gallagher & Co. Major insurance brokerage and risk management services firm with a strong retail brokerage arm for commercial and personal lines. Comparable business model of acting as intermediary between clients and carriers.
• Aon plc: Global professional services firm with a large insurance brokerage division. Comparable in offering commercial and personal insurance placement plus risk advisory, though at much larger scale.
• Lockton Companies: Largest privately held insurance brokerage in the U.S., providing commercial, personal, and benefits brokerage plus risk advisory — directly comparable business model to The Hess Group at much larger scale.
• Brown & Brown, Inc. Large publicly traded insurance brokerage offering personal, commercial, and specialty lines through a decentralized model of regional offices. Comparable as a multi-line insurance intermediary, though far larger and more diversified than The Hess Group.
• Marsh McLennan: Global insurance brokerage and risk advisory firm serving commercial and personal lines clients. Operates in the same insurance intermediation category as The Hess Group, but at vastly greater scale and complexity.
• USI Insurance Services: Large insurance brokerage and consulting firm offering property/casualty, employee benefits, and personal lines — comparable as a multi-line insurance intermediary with a regional-office operating model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat1 record

Key risks4 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/HessGroupInsurance
• LinkedInlinkedin.com/company/the-hess-group-inc-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Hess Group